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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
6 Months Ended 12 Months Ended
Jul. 01, 2016
Dec. 31, 2015
Segment Reporting [Abstract]    
Information Regarding Reportable Business Segments

Information regarding our reportable business segments is presented below (in thousands). Segment results exclude the impact of amortization and impairment of goodwill and intangible assets, certain general corporate expenses, and charges related to various integration activities, as defined by management. The accounting policies of the reportable segments are the same as the accounting policies of the Company. We allocate resources and evaluate the performance of segments based on net sales, gross profit, operating income and other non-GAAP measures, as defined in our Credit Facilities. We do not allocate assets to reportable segments because a significant portion of our assets are shared by the segments.

 

    Three Months Ended     Six Months Ended  
    July 1,
2016
    June 27,
2015
    July 1,
2016
    June 27,
2015
 

Net sales:

       

Bracing and Vascular

  $ 131,751      $ 136,179      $ 255,967      $ 250,083   

Recovery Sciences

    38,449        40,102        75,024        74,627   

Surgical Implant

    42,575        28,071        85,625        54,997   

International

    80,077        75,550        155,142        147,706   
 

 

 

   

 

 

   

 

 

   

 

 

 
  $ 292,852      $ 279,902      $ 571,758      $ 527,413   
 

 

 

   

 

 

   

 

 

   

 

 

 

Operating income:

       

Bracing and Vascular

  $ 29,072      $ 31,497      $ 49,606      $ 52,393   

Recovery Sciences

    8,056        7,472        14,501        11,402   

Surgical Implant

    6,053        4,392        13,282        8,712   

International

    14,653        13,312        23,642        25,697   

Expenses not allocated to segments and eliminations

    (36,290     (31,659     (70,025     (63,440
 

 

 

   

 

 

   

 

 

   

 

 

 
  $ 21,544      $ 25,014      $ 31,006      $ 34,764   
 

 

 

   

 

 

   

 

 

   

 

 

 

Information regarding our reportable business segments is presented below (in thousands). Segment results exclude the impact of amortization and impairment of goodwill and intangible assets, certain general corporate expenses, and charges related to various integration activities, as defined by management. The accounting policies of the reportable segments are the same as the accounting policies of the Company. We allocate resources and evaluate the performance of segments based on net sales, gross profit, operating income and other non-GAAP measures, as defined in the senior secured credit facilities. We do not allocate assets to reportable segments because a significant portion of our assets are shared by the segments.

 

     Year Ended December 31,  
     2015      2014      2013  

Net sales:

        

Bracing and Vascular

   $ 526,295       $ 504,590       $ 476,492   

Recovery Sciences

     156,194         157,485         158,110   

Surgical Implant

     134,843         100,139         87,088   

International

     296,295         325,315         299,094   
  

 

 

    

 

 

    

 

 

 
   $ 1,113,627       $ 1,087,529       $ 1,020,784   
  

 

 

    

 

 

    

 

 

 

Operating income (loss):

        

Bracing and Vascular

   $ 115,791       $ 102,933       $ 86,447   

Recovery Sciences

     29,035         33,863         37,689   

Surgical Implant

     25,531         12,712         8,669   

International

     48,578         62,304         57,515   

Expenses not allocated to segments and eliminations

     (141,120      (147,376      (182,424
  

 

 

    

 

 

    

 

 

 
   $ 77,815       $ 64,436       $ 7,896   
  

 

 

    

 

 

    

 

 

 
Net Sales by Geographic Area

Following are our net sales by geographic area (in thousands):

 

    Three Months Ended     Six Months Ended  
    July 1,
2016
    June 27,
2015
    July 1,
2016
    June 27,
2015
 

Net sales:

       

United States

  $ 212,775      $ 204,352      $ 416,616      $ 379,707   

Other Europe, Middle East and Africa

    38,057        35,863        74,516        69,557   

Germany

    21,960        20,838        42,963        41,872   

Australia and Asia Pacific

    11,400        10,500        21,402        20,391   

Canada

    6,697        6,381        12,434        11,733   

Latin America

    1,963        1,968        3,827        4,153   
 

 

 

   

 

 

   

 

 

   

 

 

 
  $ 292,852      $ 279,902      $ 571,758      $ 527,413   
 

 

 

   

 

 

   

 

 

   

 

 

 

Following are our net sales by geographic area (in thousands):

 

     Year Ended December 31,  
     2015      2014      2013  

United States

   $ 817,332       $ 762,214       $ 721,690   

Other Europe, Middle East, and Africa

     141,638         156,339         139,252   

Germany

     80,982         91,754         88,236   

Australia and Asia Pacific

     40,717         39,990         35,025   

Canada

     23,966         26,481         27,035   

Latin America

     8,992         10,751         9,546   
  

 

 

    

 

 

    

 

 

 
   $ 1,113,627       $ 1,087,529       $ 1,020,784   
  

 

 

    

 

 

    

 

 

 
Long-lived Assets by Geographic Area  

Following are our long-lived assets by geographic area (in thousands):

 

     December 31,
2015
     December 31,
2014
 

United States

   $ 106,058       $ 104,211   

International

     16,389         16,470   
  

 

 

    

 

 

 
   $ 122,447       $ 120,681